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Once one of the top wide receivers in the NFL, Terrell Owens is currently facing a “financial disaster” according to GQ Magazine.

Terrell Owens, the former NFL star receiver, who has signed to play for and co-own the Allen Rangers, in the Indoor League, is friendless and nearly broke, he told GQ magazine. “I’m in hell,” Owens, 38, said he tells people who ask about his well-being.

After the Cincinnati Bengals did not renew his one-year, $2 million contract last year, Owens has been suffering from his financial shortcomings, including ventures gone bad and child support for his four children, he said.

The $80 million or so he had made in his career is almost gone, he said, but not because he lived a lavish lifestyle.

In GQ’s February issue, Owens said his financial advisers lured him into risky investments such as an Alabama entertainment complex that cost him $2 million. He later learned the venture was illegal in the state and violated the NFL’s policy of prohibiting players from investing in gambling, he said.

Owens is attempting to sell the numerous homes he bought prior to the housing crisis, however most of the houses he purchased are no longer worth what he paid for just a few years ago. He is currently paying as much as $750,000 per year in mortgages.

Owens also pays $44,600 a month in child support for his four children, ages 5 to 12, with four different women, according to GQ.

The football player laments about losing trust in people and friends. When people text and ask where he is, he answers, “I’m in hell.”

“I don’t have no friends,” he told GQ. ”I don’t want no friends. That’s how I feel.”

In the GQ article, Owens blames the media for not giving him a chance to rehab his injury and blames agent Drew Rosenhaus for not protecting him from a bad business arrangement.

The problem, he says, is that he’s by nature too trusting, loyal to a fault, and that he let other people “take care of things.”

“I hate myself for letting this happen,” Owens told GQ. “I believed that they had my back when they said, ‘You take care of the football, and we’ll do the rest.’ And in the end, they just basically stole from me.”

Owens has also found himself friendless, thanks to a growing sense of distrust thanks to his many unfortunate dealings.

He never had many friends – teammates never called him to party, he says, wrongly assuming that he was “too big” to socialize – and now, “I don’t have no friends. I don’t want no friends. That’s how I feel.”

“If there’s anything I’m sorry about, it’s getting involved with all that.” He never actually dated any of the women, he says. One was a one-night stand, the others “repeat offenders.” Owens, who has never been married, concedes he is “not a very good judge of character.” Still, he “never suspected they were the types to do what they done in the past year.”

When money became an issue, Owens had to reduce the amount he paid to each of the women, and three of them sued him. A warrant was issued for his arrest when he didn’t show up for a court date with the mother of his oldest child.

Owens is now in court with all four women. None of them are being fair, he says: “They know I’m not working; they know the deal.” Although he never established regular visitation with any of the children through the courts, he says he sees the eldest three as much as he can when their mothers allow it. So bitter is his relationship with the mother of the youngest child, a son, that he has never met the boy.

Owens’ career is defined as much by its theatrics than for its statistical body of work. Some decisions, he admits, may have been handled differently now. But at this point of his life, he’s not willing to look back.

“To say I regret anything would be a slap to my grandmother’s face,” Owens says, referring to the woman who raised him.

Owens remains confident bordering on cocksure, convinced – even with a medically repaired ACL – that he is capable of the spectacular playmaking ability of his youth. It’s not his talent that keeps teams from calling, he insists, but instead a reputation cast onto him by the reporters he often held hostage.

“I think people change, but the media, they never allowed me to change,” Owens says. “They never allowed me to be a better person.”

Owens says he’s never been diagnosed as clinically depressed but he’s been “real down.”